Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Industrial Space Ready For Expansion Title is generated by Realmo AI

    1245 Kingsview Drive, Lebanon, OH 45036

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    $9 SF/Yr $20,345/Mo (calc)

    25,699 SF industrial space with expansion potential.

    Type:Industrial
    Property size:
    25,699 SF
    Added:
    Mar 25, 2026
    Days on Market:
    49
    Last Refresh:
    Mar 18 at 8:08 am

    Property Features for 1245 Kingsview Drive

    General Information

    Standard status
    Active
    Size
    25,699 SF
    Property subtype
    Industrial

    We can help!

    Listing Contact
    Nick Greiwe

    Listing agent Nick Greiwe

    Listing office CBRE | Cincinnati

    Listing date Mar 25, 2026

    Source Cbre

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of CBRE | Cincinnati

    HighLights

    • Pad ready for additional 52,000 SF Expansion, offering significant growth potential.
    • Strategic location within a 1‑day drive to 60% of the US & CA populations, ideal for distribution.
    • 28’ Clear Height and flexible space suitable for a variety of industrial uses.
    • Convenient access to transportation with proximity to I‑71 (1.4 miles).
    • Equipped with essential features: Dock Doors (2), Drive‑in Door (1), ESFR Sprinkler system, and LED lighting on motion sensors.
    • Onsite Ownership provides responsive management.

    Overview

    This industrial property offers 25,699 square feet of available space, with the potential for an additional 52,000 square foot expansion. The office component comprises 1,221 square feet. Constructed in 2026, the property features a 28-foot clear height and column spacing of 50 feet by 50 feet, with a 60-foot loading bay. It includes two dock doors and one drive-in door, complemented by a 135-foot truck court depth. The floor thickness is 6 inches. Lighting is provided by LED fixtures equipped with motion sensors. There are 23 parking spaces. The roof is constructed with TPO, .45 mil, and has an R-25 insulation value. Power is supplied by a 400 Amp/480V system, and the sprinkler system is ESFR. Zoned I-1 Light Industrial, the property is suitable for a variety of industrial uses. It is located approximately 1.4 miles from I-71. The property is within a one-day drive to 60% of the US and Canadian populations.
    Location Intelligence

    Current Use by Public Records

    Warehouses

    Suggested Use

    Restaurant Real Estate Agency Building Supply Spa & Massage Center Big Box & Wholesale Store Dental Office Law Firm Hair Salon Auto Repair Shop Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lebanon
    County
    Warren
    State
    Ohio
    Longitude
    -84.2185
    Latitude
    39.4452

    Nearby Similar for Lease

    • $9 SF/Yr

      Industrial Space in Thriving District

      25,699 SF industrial space in Lebanon, OH for lease.
      1425 Kingsview Dr, Lebanon, OH
      View Details
    • $9 SF/Yr

      Industrial Space in Lebanon, OH

      25,699 SF industrial space available for lease in Lebanon.
      1245 Kingsview Dr, Lebanon, OH
      View Details
    • Contact for pricing

      Union Village Retail Opportunity

      Retail spaces available in Union Village Square shopping center.
      Route 741 North of Route 63, Lebanon, OH 45036
      View Details
    • Contact for pricing

      Industrial Warehouse Space Available

      Warehouse space for lease with docks and drive-in doors.
      Lebanon, OH 45036
      View Details
    • Contact for pricing

      Lebanon Office Space Available

      Office space available for lease in Lebanon, Ohio.
      635 Columbus Ave, Lebanon, OH
      View Details
    • Contact for pricing

      Warehouse, Office, and Flex Space

      Secure warehouse, office, and flex space for small businesses.
      3515 Columbia Rd, Lebanon, OH 45036
      View Details
    • Contact for pricing

      Retail Space Available For Lease

      25,198 square feet of retail space available for lease.
      1235 Columbus Ave, Lebanon, OH 45036
      View Details
    • Contact for pricing

      Encore Logistics Center Location

      Logistics campus near I-75, Cincinnati and Dayton MSAs.
      Encore Road, Lebanon, OH 45036
      View Details
    • Contact for pricing

      Encore Logistics Center Location

      Strategically located logistics campus between Cincinnati and Dayton.
      760 Encore Dr, Turtlecreek Township, OH 45036
      View Details
    • Contact for pricing

      Warehouse Space with Dock Doors

      Warehouse space featuring dock doors and potential drive-in access.
      2996 Henkle Dr, Lebanon, OH
      View Details
    • $16 SF/Yr

      Retail Space Near Walmart

      2,260 SF retail space in front of Walmart.
      1525 Genntown Dr, Lebanon, OH
      View Details
    • $5 SF/Yr

      Lebanon Warehouse Space For Lease

      Warehouse space available for lease featuring 20 ft ceilings.
      1087 Mane Way, Lebanon, OH
      View Details

    FAQs

    What type of property is this?
    Warehouse - 25,699 SF industrial space with expansion potential.
    Where is this warehouse located?
    The property is located at 1245 Kingsview Drive Lebanon, OH.
    What is the lease rate?
    The lease rate is $9 SF/Yr.
    What are key features of this property?
    This property features: Pad ready for additional 52,000 SF Expansion, offering significant growth potential.; Strategic location within a 1‑day drive to 60% of the US & CA populations, ideal for distribution.; 28’ Clear Height and flexible space suitable for a variety of industrial uses.
    (513) 369-1372
    We can help!
    Listing Contact
    Nick Greiwe
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    1245 Kingsview Drive, Lebanon, OH, 45036
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!